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This Selected Issues paper on Saudi Arabia assesses Saudi Arabia’s role in the oil market and global economy. Saudi … Arabia, the world’s largest producer and exporter of oil, has long played a systemically important role in the global oil … market. Short-term fluctuations in Saudi Arabia’s oil production have partially reflected attempts to stabilize the global …
Persistent link: https://www.econbiz.de/10011242731
This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector crises. Data on privatizations in over 65 countries is used together with data from the banking crisis literature to consider the relationship between state-owned banks and...
Persistent link: https://www.econbiz.de/10005769003
Persistent link: https://www.econbiz.de/10005590918
This paper asks whether corruption might be the outcome of a lack of outside options for public officials or civil servants. We propose an occupational choice model embedded in an agency framework to address the issue. We show that technology-induced private sector expansion leads to a decline...
Persistent link: https://www.econbiz.de/10005599639
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
This 2008 Article IV Consultation highlights that Ghana’s growth has remained strong, fuelled by both the private and public sectors. The Ghanaian economy maintained strong growth of about 6½ percent in 2007 and the first months of 2008. The private sector has responded positively to...
Persistent link: https://www.econbiz.de/10011244353
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244613
largest crude oil exporter, and the only producer with significant spare capacity, Saudi Arabia plays a systemic and … stabilizing role in the global oil market. In 2011, Saudi Arabia formally committed through the G20 to use its systemic position … in the oil market to promote global stability. Saudi Arabia raised oil production to a 30-year high to ensure demand was …
Persistent link: https://www.econbiz.de/10011244901
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011245028
natural resources, notably oil and iron ore, Congo has achieved limited progress in poverty alleviation, and remains … stability in the face of oil revenue volatility and exhaustibility, and to make growth more inclusive. …
Persistent link: https://www.econbiz.de/10011245327